ABB, a leader in energy and automation technologies, is among the world's most ethical companies according to the 2014 ranking established by the Ethisphere Institute, an independent research center supporting best practices in governance and ethics business.
This is the second year in a row that ABB has been included in the institute's list honoring organizations that continue to strive to behave more and behave more ethically. According to Ethisphere, distinguished companies fully understand the relationship between ethics, reputation and everyday interactions with their brand.
“Once again, we are delighted with the progress we have made in ethical leadership across our business processes and our organization,” said Ulrich Spiesshofer, CEO of ABB. Ethics leadership plays a key role in ABB's long-term success and we are therefore very proud that Ethisphere recognizes our work. "
“We want to anchor the method of ethical leadership in our organization. Our integrity program is built on local leadership based on the principle of example, adds Diane de Saint Victor, ABB legal counsel and member of the executive committee. All local managers must be committed to establishing an ethical way of leading and managing the business so that the message conveyed comes from the same person who sets the business objectives. "
The identification of the World's Most Ethical Companies is based on the Ethisphere Institute's Ethics Quotient which has been developed over the years to provide a means of assessing the performance of companies in an objective, consistent and standardized way. The information collected provides a comprehensive overview of some key competencies, rather than an analysis of all aspects of corporate governance, risk management, sustainability, compliance and ethics. The framework and methodology of the Ethics Quotient have been defined, verified and refined on the basis of expert advice and views obtained from the network of opinion leaders of Ethisphere and the Methodology advisory panel among the world's most ethical companies.
"Everyone in the world's most ethical business community believes that customers, employees, investors and lawmakers place a high value on trust and that ethics and effective governance play a role. preponderant in this respect, says Timothy Erblich, CEO of Ethisphere. ABB joins an exclusive community of companies committed to enhancing their performance through leading business practices. We congratulate all ABB employees on this tremendous achievement. "
Ratings are given to companies in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), citizenship and social responsibility (25%) and culture of ethics (20%).
The full list of the world's most ethical companies for 2014 is available at http://ethisphere.com/worlds-most-ethical/wme-honorees/
ABB is a world leader in energy and automation technologies that enables its industrial and utility customers to improve their performance while reducing the impact of their activities on the environment. The ABB group is present in around 100 countries and employs around 150 people.
The Ethisphere Institute is a leading international think tank dedicated to the creation, promotion and sharing of best practices in business ethics, corporate social responsibility, anti-corruption. and sustainable development. Ethisphere Magazine, which publishes the internationally recognized ranking of the world's most ethical companies, is the institute's quarterly journal. Ethisphere provides the only independent audits of compliance programs and corporate ethics culture, including the Ethics Inside certification®, Compliance Leader Verification ™ and anti-corruption program verification. For more information on the Ethisphere Institute, its ranking projects and its members, please visit: http://www.ethisphere.com
www.abb.com